Canada.com - Jun 18, 2009Eddie Bauer Holdings, Inc. (EBHIQ)
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Nikola Swann
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S&P Credit Research``Despite significant weakening in the near term economic outlook, projected fiscal deficits, and the high fiscal costs of government support of the U.S financial sector, we still believe that the U.S government's credit strengths continue to outweigh its weaknesses,'' wrote Nikola Swann, an analyst at S&P in New York. Eddie Bauer may file for bankruptcy protection NEW YORK ,
Eddie Bauer Holdings Inc filed for Chapter 11 bankruptcy protection on Wednesday. The filing, made in U.S. Bankruptcy Court in Delaware, is the second bankruptcy for the company, which was started as a sport shop in 1920 in Seattle by its namesake. According to the court filing, the outdoor apparel retailer is planning to sell nearly all its assets to Rainier Holdings LLC.
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<span class="sent">``Despite significant weakening in the near term economic outlook, projected fiscal deficits, and the high fiscal costs of government support of the U.S financial sector, we still believe that the U.S government's credit strengths continue to outweigh its weaknesses,'' wrote <span class="analyst">Nikola Swann</span>, an analyst at S&P in New York. </span> <span class="company">Eddie Bauer</span> may file for bankruptcy protection NEW YORK , <span class="company">Eddie Bauer</span> Holdings Inc filed for Chapter 11 bankruptcy protection on Wednesday. The filing, made in U.S. Bankruptcy Court in Delaware, is the second bankruptcy for the company, which was started as a sport shop in 1920 in Seattle by its namesake. According to the court filing, the outdoor apparel retailer is planning to sell nearly all its assets to Rainier Holdings LLC.
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